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States challenge Nasdaq, FTSE Russell for fast-tracking SpaceXLetters to both companies seen by Reuters on Thursday raise concerns about the impact Elon Musk's rocket and satellite communications compa...- Dollar steadies on ceasefire prospects, PPI eases pressure on FedThe dollar strengthened Friday after President Trump's decision to cancel planned attacks on Iran, suggesting a potential ceasefire deal. T...
- US stocks: Oracle shares tumbles 12% as hefty AI spending, debt plans spook investorsOracle faced a sharp decline in stock prices on Thursday, triggering alarms among investors who are anxious about the company’s escalating ...
- India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...
- Global Market | European shares edge higher ahead of ECB rate verdict; Mideast tensions eyedEuropean stocks saw a slight rise today. Investors remain cautious due to rising Middle East tensions. Crude oil prices are high, impacting...
- Explained: Why Oracle shares crashed 10% in extended trading despite earnings beatOracle shares fell sharply in after-hours trading despite beating earnings estimates, as investors reacted to aggressive AI spending plans ...
- LSEG slowly sheds 'AI risk' tag with drive to show growthLSEG shares tumbled nearly 13% in one day in February as worries about the threat posed by large language artificial intelligence models li...
- Oracle's AI spending blows past estimates, raising worries over growing debtOracle, which has major deals to build data centers for customers such as Meta Platforms and OpenAI, is working to position itself as a ma...
- OPEC oil output lowest since at least 2000 as US blockade squeezes Iran: ReportOPEC oil output in May plummeted to its lowest in over two decades, dropping by 1.06 million barrels per day. This significant decline was ...
- US stocks: CrowdStrike shares fall as 'Mythos moment' fails to cheer investorsCrowdStrike experienced a stark decline in its share prices on Thursday, largely attributed to its quarterly guidance that failed to impres...
- GSK in talks to buy cancer biotech Nuvalent for more than $9 billionBritish drug giant GSK is reportedly in talks to acquire cancer drugmaker Nuvalent. The deal could be worth over nine billion dollars. Disc...
- Tata Group units plan bond sales after year-long gap, bankers sayTwo Tata Group infrastructure units, Tata Steel and Tata Projects, are poised to re-enter the corporate bond market after a 15-month hiatus...
- Cerebras shares climb as Wall Street brokerages back AI chip strategyCerebras shares saw a rise on Monday. Several Wall Street firms initiated coverage with positive outlooks. They are backing the chip design...
- Bitcoin's star fades, as investors flock to lustre of AI and megacap IPOsBitcoin is experiencing its worst year-to-date performance in over a decade, with a 15% price drop this week. Capital is shifting towards b...
- Lululemon shares drop as forecast cut spotlights challenges for incoming CEOLululemon faced a notable dip in its stock price as the athleisure retailer adjusted its profit expectations for the year. This news has es...
- Bitcoin soon to become a thing of the past? What is wrong with world's largest cryptocurrency which hit record highs above $125,000 a few months back?Bitcoin price is around 40 per cent lower than where it was when U.S. President Donald Trump took office in January 2025, having vowed to m...
- CrowdStrike shares fall as 'Mythos moment' fails to cheer investorsCrowdStrike shares dropped significantly on Thursday. This happened after the company's financial outlook did not meet high investor hopes....
- Global firms exploit India's IPO boom to take profits back to home countriesForeign companies are listing their Indian units to send billions of dollars back home. These are mostly secondary offerings, not for raisi...
- CrowdStrike reports higher operating expenses as AI investments gain paceCrowdStrike expects 2027 revenue to be between $5.91 billion and $5.96 billion, compared with its prior expectations of $5.87 billion to $...
- Prosus considering raising Delivery Hero stake in bid to thwart Uber takeover: ReportDutch tech investor Prosus is looking to buy more shares in Delivery Hero. This move aims to block a takeover bid from Uber. Prosus already...
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